NOT LISTED FOR SALE

729 Chestnut St Allentown, PA 18102

Center City Neighborhood

Estimated Value: $124,000 - $159,000

3 Beds
1 Bath
1,188 Sq Ft
$122/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $82,000 $69 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $939/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Baseboard Heating
  • Dining Area

About This Home

As of April 2021

Here is a great opportunity to add to your rental portfolio. This CASHFLOWING property is ready for the new owner to take advantage of with its HIGHLY desirable 13% CAP RATE. This 3 bed 1 bath townhome offers a large living room leading to an eat in kitchen on the first floor. Second floor offers 2 private bedrooms with a full bathroom. Third floor is additional space used as a 3rd bedroom. Gas hot water. Electric heat. Tenant pays all utilities. Located within walking distance from PPL Center, Arts Walk, LCCC and plenty of public parking. Buyer responsible for clear CO. Book your showing today before it is gone.

Last Agent to Sell the Property

Carol Yacko

Coldwell Banker Realty Listed on: 03/11/2021

Coldwell Banker Realty

Co-Listed By

Afif Salloum

Realty One Group Supreme

Last Buyer's Agent

J. Leilani Pettine

Coldwell Banker Heritage R E

Coldwell Banker Heritage R E

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1905

Lot Details

  • 984 Sq Ft Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,188 Sq Ft Home
  • 2.5-Story Property
  • Dining Area
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 640701402529001

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,999

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • Property Sub Type Category: Row/Townhouse
  • Style: Colonial
  • County Assessment: 65900.00
  • Stories: 2.5
  • V O W Automated Valuation Dis: Yes
  • V O W Consumer Comment: Yes
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Appliances: Oven/Range
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Basement: Full
  • Bedrooms: 3
  • Dining Room: Dining Area
  • Price Per Square Foot: 69.02
  • Sq Ft Approx Abv Grade: 1188
  • Square Footage: 1188
  • Total Room Count: 6

Exterior Features

  • Construction: Brick
  • Roof: Asphalt Fiberglass

Utilities

  • Heat Type: Baseboard, Electric
  • Hot Water: Gas
  • Sewer: Public
  • Water: Public

Lot Info

  • Acres: 0.023
  • Lot Sq Ft: 984
  • Zoning Code: B-2-CENTRAL BUSINESS

Tax Info

  • Assessor Parcel Number: 640701402529001
  • County Taxes: 249.10
  • Municipal Taxes: 373.60
  • Total Taxes: 1998.51

Multi Family

  • School Taxes: 1375.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 30, 2021
Sold by
Moussa Fouad and Moussa Weam
Bought by
Corona Martin
Seller's Agent
Carol Yacko
Coldwell Banker Realty
Buyer's Agent
J. Leilani Pettine
Coldwell Banker Heritage R E
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Current Estimated Value
$145,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,412
Avg. Annual Appreciation
13.23%
Original Mortgage
$60,000
Outstanding Balance
$54,375
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$91,037

Purchase Details

Listed on
Oct 3, 2019
Closed on
Mar 30, 2020
Sold by
Lehigh Landholdings Inc
Bought by
Moussa Fouad and Moussa Weam
Seller's Agent
Kristine McCreary-Williams
Full CircleRealty&PropertyMgmt
Buyer's Agent
Shehnaz Tahir
Sunny Curb Appeal LLC
List Price
$72,900
Sold Price
$68,200
Premium/Discount to List
-$4,700
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.42%

Purchase Details

Listed on
Oct 3, 2019
Closed on
Mar 27, 2020
Sold by
Lehigh Landholdings Inc
Bought by
Moussa Fouad and Moussa Weam
Seller's Agent
Kristine McCreary-Williams
Full CircleRealty&PropertyMgmt
Buyer's Agent
Shehnaz Tahir
Sunny Curb Appeal LLC
List Price
$72,900
Sold Price
$68,200
Premium/Discount to List
-$4,700
-6.45%

Purchase Details

Closed on
May 19, 2005
Sold by
Miller Jeffrey L and Miller Barbara J
Bought by
Lehigh Landholdings Inc

Purchase Details

Closed on
Sep 1, 1987
Sold by
Smith John
Bought by
Miller Jeffrey L and Miller Barbara J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Corona Martin $82,000 Associated Abstract Svcs Llc
Moussa Fouad $69,200 None Available
Moussa Fouad $69,200 None Available
Lehigh Landholdings Inc $34,000 --
Miller Jeffrey L $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corona Martin $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $82,000 -3.5% $69 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $85,000 +24.6% $72 / Sq Ft
03/27/2020 03/27/20 Sold $68,200 -6.4% $57 / Sq Ft View Prior Sale
02/03/2020 02/03/20 Pending -- -- --
10/03/2019 10/03/19 For Sale $72,900 -- $61 / Sq Ft
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,115 $65,900 $4,200 $61,700
2024 $2,115 $65,900 $4,200 $61,700
2023 $2,115 $65,900 $4,200 $61,700
2022 $2,040 $65,900 $61,700 $4,200
2021 $1,999 $65,900 $4,200 $61,700
2020 $1,946 $65,900 $4,200 $61,700
2019 $1,914 $65,900 $4,200 $61,700
2018 $1,790 $65,900 $4,200 $61,700
2017 $1,744 $65,900 $4,200 $61,700
2016 -- $65,900 $4,200 $61,700
2015 -- $65,900 $4,200 $61,700
2014 -- $65,900 $4,200 $61,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carol Yacko

    Coldwell Banker Realty

    Section Image
  • Afif Salloum

    Seller Co-Listing Agent in 2021

    Afif Salloum

    Realty One Group Supreme

    (484) 378-2153

    33 in this area

    157 Total Sales

    Afif Salloum
    Section Image
  • J. Leilani Pettine

    Buyer's Agent in 2021

    J. Leilani Pettine

    Coldwell Banker Heritage R E

    (484) 358-5184

    3 in this area

    135 Total Sales

    J. Leilani Pettine
    Section Image
  • Kristine McCreary-Williams

    Seller's Agent in 2020

    Kristine McCreary-Williams

    Full CircleRealty&PropertyMgmt

    (610) 762-8995

    53 in this area

    155 Total Sales

    Kristine McCreary-Williams
    Section Image

  • S

    Buyer's Agent in 2020

    Shehnaz Tahir

    Sunny Curb Appeal LLC

    (484) 764-5888

    12 in this area

    27 Total Sales

    Shehnaz Tahir
    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 662204

Greater Lehigh Valley REALTORS®

APN: 640701402529-1

Pennsylvania Lehigh County Allentown 18101 Center City

729 Chestnut St, Allentown, PA

Not Listed for Sale

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